Overnight Digest: These small caps will be in focus on Tuesday

Sirca Paints India, Alkali Metals, Patel Engineering, India Glycols, Maharashtra Seamless and Chemplast Sanmar made fresh 52-week high today. These stocks will likely be in focus on Tuesday, October 5 2021.   

On Monday, domestic indices Nifty and Sensex ended in the green territory gaining 0.91 per cent each. BSE Mid-cap and Small-cap indices climbed by 1.51 per cent and 1.71 per cent, outperforming broader markets. 

The following small-cap and mid-cap stocks are likely to be in focus on Tuesday:  

Easy Trip Planners - The company has announced a partnership with Dubai Expo 2020, the six-month global mega-event, which has commenced on October 1, 2021, and will go on until March 31, 2022. Through this collaboration, the company aims to send across 50,000 people to events from India. It has taken on the mandate of promoting Expo2020 amongst the various spectrums along with FICCI for the next six months. As a part of this partnership, EaseMyTrip will also be undertaking various online and offline initiatives to promote the event in India. The Indian Pavilion at Dubai Expo is set to witness participation from several Indian states, top corporate groups as well as public sector companies in India. 

Welspun India - The company in collaboration with DuPont Biomaterials (listed on NYSE) has launched a new home textile collection, including bed sheets and bath towels, made with bio-based materials. The collection was developed to meet the growing demand for home textile products that are not only sustainable but also bring the desired performance. 

DuPont has a rich history of textile innovation. It has invented groundbreaking fibres such as nylon, Lycra® and rayon. Its Sorona® brand — made from 37 per cent renewable plant-based ingredients furnishes a high-performing and responsibly sourced material option. 

The collaboration brings together cotton and DuPont™ Sorona® fibres to create home textile fabrics that provide exceptional comfort, moisture management and a smooth, soft, hand feel. Sorona® is a USDA Certified Biobased Product and is certified as an OEKO-TEX® STANDARD 100 product. 

Generic Engineering Construction and Projects – The company has recently been awarded three new work orders worth Rs 180.38 crore (including GST) for various institutional projects from several reputed clients (i.e. existing as well as new) which includes residential, commercial and industrial projects. The details are as follows:

52-week High Stocks – Sirca Paints India, Alkali Metals, Patel Engineering, India Glycols, Maharashtra Seamless and Chemplast Sanmar made fresh 52-week high today. These stocks will likely be in focus on Tuesday, October 5 2021.